What to do about student debt

A turning point depends on more than Biden’s relief package. One of the hottest topics in personal finance right now is the prospect of student loan forgiveness. The proposed Biden plan would wipe out up to $20,000 in federal loans for some borrowers earning less than $125,000 a year or $250,000 for spouses. It could … Read more

Exclusive: Goldman Sachs on the hunt for cheap crypto firms after FTX fiasco

LONDON, Dec 6 (Reuters) – Goldman Sachs (GS.N) plans to spend tens of millions of dollars buying or investing in crypto companies after the FTX stock market crash hit valuations and chilled the market. interest of investors. The FTX implosion has increased the need for more trusted and regulated cryptocurrency players, and big banks see … Read more

Oil prices soar after Russian crude sanctions take effect

Oil futures rise slightly after falling more than 3% in last session G7 price cap on Russian oil goes into effect China set to further ease COVID controls Dec 6 (Reuters) – Oil rebounded on Tuesday after plunging more than 3% in the previous session as the implementation of sanctions on Russian maritime crude eased … Read more

Wall St slips as services data spooks investors over Fed rate hikes

U.S. service sector activity picks up in November Tesla cuts Shanghai factory production plan for December – sources All S&P 500 sectors pull back, with energy stocks hit hard Indices down: Dow 1.4%, S&P 1.79%, Nasdaq 1.93% Dec 5 (Reuters) – U.S. markets ended lower on Monday as investors spooked by better-than-expected data from the … Read more